Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h −0.077%
Price spread now: KuCoin against Pacifica−0.027%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.027% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PONS0.62800.0616pay 0.0077% / 1h8m 22s$46K$73K3x
ShortKuCoin PONSUSDTM0.62780.0486get 0.0243% / 4h1h 08m$1.8M$4.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$27.32
Price spread: −0.027% → 0.000%
−$2.71
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$50.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell KuCoin live order book, 2 min ago2.47 bp31.1 bp −$31115.2 bp −$1,152doesn't fitdoesn't fit
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PONS on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0029%1h0.6266−0.224%$246K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5938−5.433%$610$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6278−0.027%$21K$395K20xas long as short
Nado PONS-PERP+0.0100%1h0.6279−0.011%$76K$92K5xas long as short
Gate PONS_USDT+0.0100%4h0.6270−0.154%$5.3M$6.5M20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6253−0.428%$31K$285K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6286+0.100%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6276−0.054%$847K10xas long as short
SoDEX PONS-USD+0.0100%1h0.6270−0.162%$27K$596K3xas long as short
HTX PONS-USDT+0.0100%4h0.6265−0.237%$64K$548K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.6271−0.139%$1.7M$3.2M20xas long as short
Hyperliquid PONS+0.0224%1h0.6274−0.096%$64.3M$29.5M3xas long as short
Aevo PONS-PERP+0.0232%1h0.6279−0.011%$3913xas long as short
Lighter PONS+0.0264%1h0.6280+0.008%$1.7M$858K3xas long as short
OKX PONS-USDT-SWAP+0.0280%4h0.6275−0.075%$13.9M$58.8M20xas long as short
Lighter RH PONS+0.0304%1h0.6278−0.025%$458K$2.7M3xas long as short
Aster PONSUSDT+0.0450%4h0.6276−0.059%$1.2M$2.1M20xas long as short
Polymarket Perps PONS-USD+0.0464%1h0.6274−0.083%$89K$2.0M3xas long as short
KuCoin PONSUSDTMshort+0.0486%4h0.6278−0.027%$1.8M$4.3M20x
Variational Omni PONS+0.0580%4h0.6259−0.331%$1.5M$3.9Mas long as short
Extended PONS-USD+0.0592%1h0.6278−0.032%$180K$854K5xas long as short
MEXC PONS_USDT+0.0594%4h0.6278−0.027%$7.6M$4.7M20xas long as short
Binance PONSUSDT+0.0594%4h0.6278−0.027%$40.5M$98.3M20xas long as short
Pacifica PONSlong+0.0616%1h0.6280long leg$46K$73K3x
edgeX PONSUSDC+0.0617%4h0.6251−0.460%$18K$294K10xas long as short
Bitget PONSUSDT+0.0716%4h0.6281+0.019%$5.0M$13.1M20xas long as short
BingX PONS-USDT+0.0722%4h0.6267−0.202%$3.1Mas long as short
Bybit PONSUSDT+0.0761%4h0.6275−0.075%$18.8M$31.6M20xas long as short
BloFin PONS-USDT+0.0835%4h0.6267−0.202%$1.8M$1.1M20xas long as short
Phoenix PONS+0.1637%1h0.6260−0.311%$48K$162K3xas long as short